We shared hundreds of stories with you in 2014, filled with great lessons for building your credit, getting out of debt, protecting your identity and improving your financial health, despite the many challenges that inevitably pop up along the way. Amid all the other news and events you absorbed last year, we don’t expect you… Read More

How a new account will affect your credit scores depends mostly on your overall credit history and on the type of new account you are opening. New accounts make up about 10% of your credit score. First, opening a new account will likely produce a credit inquiry on your credit reports. This new inquiry may… Read More

Credit can be a tricky thing — some behaviors are obviously harmful to your credit, like paying late (or not at all), or maxing out your cards. But some mistakes aren’t all that obvious, and in fact some actions that might seem beneficial can actually have a terrible impact on your credit. We’ve compiled the… Read More

We took to the streets to have real consumers like you give us their biggest credit questions. In this video, Jeff asked us to explain why his credit score matters. Looking for a break down of your credit report and score? Check out the free Credit Report Card.

The information in your credit reports is what’s used to create your credit scores, so you don’t want to let mistakes on your credit reports potentially throw your credit scores out of whack. An FTC study released today shows that one in five consumers have errors on their credit reports and 5% of consumers have errors serious… Read More

It hardly seems possible that mortgage rates can get much lower, but they have. Homeowners are taking notice and refinancing their mortgages. Freddie Mac reports that 30-year fixed-rate mortgages have reached an all-time record low at 3.4 percent for the week ending September 27, 2012, down from last week’s 3.49 percent. So if you’re on the… Read More

You find wrong information on your credit report. Is it a simple mistake or something more sinister? Here are some warning signs that you could be a victim of credit fraud: Your Personal Information is Wrong “If you see a name you’ve never used, a Social Security number that doesn’t belong to you or an… Read More

Will a mortgage help — or hurt — your credit? If you’re thinking, “Well, both,” you’re exactly right. But there are subtleties involved that may surprise you. To get a mortgage these days, a lender is going to closely scrutinize your income, debt, and credit history before giving you the loan. That makes a mortgage… Read More

It started out as a simple question on the Credit.com forum, “Anyone know the difference between a consolidation loan and a personal loan? I see both on this site and others, but not sure what the difference is — are they the same?” A simple question? Perhaps. But it reminded us how confusing loan terminology… Read More

When you need to borrow money you have a number of choices to make: bank or credit union? Credit card or home equity loan? Fixed or variable rate? One option you may be considering is a personal loan. If so, what makes these loans different? They Carry Fixed Interest Rates That makes them different than,… Read More

The offers that appear on Credit.com’s website are from companies from which Credit.com receives compensation. This compensation may influence the selection, appearance, and order of appearance of the offers listed on the website. However, this compensation also facilitates the provision by Credit.com of certain services to you at no charge. The website does not include all financial services companies or all of their available product and service offerings.